Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Vintage Freeper
Here's what they don't teach in economics and, for the record, I only have 9 graduate credits in economics as part of an MBA I earned 28 years ago.

The potential for wealth creation is essentially infinite

TINSTAAFL

Every dollar spent by the government is a dollar taken from it's most productive use and dedicated to a less productive use

All fiat currencies eventually fail

No government can create wealth, but all governments can destroy wealth

Get to work, we'll all be better off.

Finally, if you want more of something, subsidize it. If you want less of something, tax it. We subsidize poverty and tax wealth creation.

5 posted on 11/09/2011 5:49:06 AM PST by muir_redwoods (Somewhere in Kenya, a village is missing an idiot)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: muir_redwoods

Here’s another: In the entire history of the world, no country has ever taxed itself into prosperity.


13 posted on 11/09/2011 6:52:48 AM PST by sima_yi ( Reporting live from the People's Republic of Boulder)
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson